The Securities and Exchange Commission today charged Morgan Stanley Smith Barney LLC (MSSB) with failing to reasonably supervise four investment adviser and registered representatives (hereafter, financial advisors) who stole millions of dollars of… SEC Press Release
Month: December 2024
SEC Announces Departure of Trading and Markets Division Director Haoxiang Zhu
The Securities and Exchange Commission today announced that Haoxiang Zhu, Director of the Division of Trading and Markets, will depart the agency effective Dec. 10, 2024. Upon Mr. Zhu’s departure, David Saltiel, a Deputy Director who also heads the… SEC Press Release
SEC Files Charges Against Senior Executives in Alleged Bribery Scheme Involving Adani Green and Azure Power
SEC Files Charges Against Senior Executives in Alleged Bribery Scheme Involving Adani Green and Azure Power The Securities and Exchange Commission (SEC) recently announced charges against three senior executives for their alleged roles in a major bribery scheme involving Indian energy companies, Adani Green Energy Ltd. and Azure Power Global […]
SEC Charges Kiromic BioPharma and Two Former C-Suite Executives with Misleading Investors about Status of FDA Reviews
The Securities and Exchange Commission today filed settled charges against Houston-based biotherapeutics company Kiromic BioPharma, Inc., its former CEO, Maurizio Chiriva-Internati, and its former chief financial officer, Tony Tontat, for failing to… SEC Press Release
SEC Investor Advisory Committee to Examine Mandatory Arbitration Clauses in Adviser Agreements and Alternative Assets and Retail Investors at December 10 Meeting
The Securities and Exchange Commission’s Investor Advisory Committee will hold a virtual public meeting on Dec. 10, 2024, at 10 a.m. ET. The meeting will be webcast on the SEC website. The committee will host two panels: Examining the Use of… SEC Press Release
